Serco Group PLC
11 August 2026
LEI: 549300PT2CIHYN5GWJ21
11 August 2026
Serco Group plc
Share Repurchase Programme
Serco Group plc (the Company) today announces that, as outlined in the announcement of its 2026 Half Year Results on 6 August 2026, it intends to repurchase shares with a value of up to £75 million (the Programme).
This will occur during the period starting on 11 August 2026 and ending no later than 31 December 2026 (the Engagement Period). The aggregate number of shares acquired by the Company shall not exceed the balance of 79,172,218 shares remaining of the 100,206,031 shares authorised by shareholders at the 2026 Annual General Meeting. It is intended that any shares repurchased under the Programme will be transferred into treasury and subsequently cancelled.
The Company has entered into an agreement with RBC Europe Limited (RBC) under which RBC will manage the Programme for the Engagement Period. RBC will carry out the acquisition of ordinary shares in the Company for subsequent repurchase by the Company. RBC will make trading decisions in relation to the Programme independently of the Company. During any closed periods, the Company will have no power to invoke any changes to the Programme, and it will be executed at the sole discretion of RBC. This arrangement is in accordance with Chapter 9 of the Financial Conduct Authority's Listing Rules and the Company's general authority to repurchase shares.
The Programme will also be conducted in accordance with the parameters of the safe harbour provisions set out in: (i) Article 5(1) of Regulation (EU) 596/2014 (including the delegated and implementing acts adopted under it); and (ii) the provisions of Commission Delegated Regulation (EU) 2016/1052 with regard to regulatory technical standards for the conditions applicable to buyback programmes and stabilisation measures (in each case as they form part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 as implemented, retained, amended, extended, re-enacted or otherwise given effect. There is no guarantee that the Programme will be implemented in full.
The Company intends to announce any purchase of Ordinary Shares under the Programme in line with the Financial Conduct Authority's Listing Rule 9.6.6, by no later than the end of the 7th daily market session following the date of execution of such purchase.
Ends
For further information please contact:
Jamie Hastings, Head of Investor Relations | +44 (0) 7718 195 074 | jamie.hastings@serco.com
Scot Marchbank, External Communications and Director | +44 (0) 7958 675 706 | scot.marchbank@serco.com
About Serco
Serco brings together the right people, the right technology, and the right partners to create innovative solutions that make a positive impact and address some of the most urgent and complex challenges facing the modern world.
With a primary focus on serving governments globally, Serco's services are powered by more than 50,000 people working across defence, space, migration, justice, healthcare, mobility, and customer services.
Serco's core capabilities include service design and advisory, resourcing, complex programme management, systems integration, case management, engineering, and asset & facilities management.
Underpinned by Serco's unique operating model, Serco drives innovation and supports customers from service discovery through to delivery.
More information can be found at www.serco.com.
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